Binance Says It “Remains Fully Committed to Securing MiCA License” as EU Exit Risk Looms | Crypto Craft

  • Binance Says It “Remains Fully Committed to Securing MiCA License” as EU Exit Risk Looms

    From financemagnates.com

    Binance is at risk of losing access to the European Union market as a key regulatory decision approaches ahead of a new licensing deadline. The crypto exchange may not secure approval under the EU’s MiCA framework, which would prevent it from continuing to serve users in the bloc starting next month. According to Sources cited by Reuters, Greece’s Hellenic Capital Market Commission is set to reject Binance’s MiCA licence application. Under the new EU rules, crypto firms must obtain approval from a national regulator by the end of June to operate across the bloc. In its response, Binance said it had engaged with ... (full story)

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